Sse Plc’s (SSE) Outperform Rating Reiterated at Credit Suisse Group
Credit Suisse Group reissued their outperform rating on shares of Sse Plc (LON:SSE) in a research note published on Thursday morning. The firm currently has a GBX 1,500 ($19.90) price target on the stock.
Other equities analysts have also recently issued reports about the stock. Deutsche Bank AG reaffirmed a sell rating and issued a GBX 1,300 ($17.24) price objective on shares of Sse Plc in a research note on Sunday, July 9th. Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and issued a GBX 1,522 ($20.19) price objective on shares of Sse Plc in a research note on Thursday, June 22nd. HSBC Holdings plc reissued a hold rating on shares of Sse Plc in a research report on Wednesday, June 14th. Citigroup Inc. raised shares of Sse Plc to a neutral rating and set a GBX 1,388 ($18.41) price target on the stock in a research report on Friday, July 28th. Finally, Royal Bank Of Canada reduced their price target on shares of Sse Plc from GBX 1,750 ($23.21) to GBX 1,550 ($20.56) and set an outperform rating on the stock in a research report on Monday, July 31st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of GBX 1,536 ($20.37).
Shares of Sse Plc (LON SSE) opened at 1371.00 on Thursday. The firm’s market cap is GBX 13.88 billion. The stock’s 50 day moving average price is GBX 1,415.97 and its 200-day moving average price is GBX 1,451.06. Sse Plc has a 12 month low of GBX 1,341.00 and a 12 month high of GBX 1,612.00.
Sse Plc Company Profile
SSE plc is engaged in producing, distributing and supplying electricity and gas, as well as other energy-related services to homes and businesses in Great Britain and Ireland. The Company’s segments include Networks, which consists of electricity distribution, electricity transmission and gas distribution; Retail, which consists of energy supply, enterprise and energy-related services, and Wholesale, which consists of energy portfolio management and electricity generation, gas storage and gas production.
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